15701 Collins Ave UNIT 2005Sunny Isles BeachFL33160
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Sunny Isles Beach at 15701 Collins Ave UNIT 2005, Sunny Isles Beach, FL, 33160 listed at $1,660,000 pairs $7,925/mo rent with a $8,125/mo payment. Total monthly income runs $7,925/mo. Return on cash invested measures -1.45% in year one, and rental yield registers 5.73% at a $1,660,000 basis. Equity gained on principal adds $10,712/yr, and annual property appreciation at 5% supports $458,627 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,925/mo property income relative to a $8,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
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Listed by: Sara Traverso • Nest Seekers
Mls Name: Nest Seekers International
Mls ID: #2290276